Holding 22977 BN this week can go to 23777 or even 24130
Below 23320 today’s Supports are 23230_ 23140 & 23080
Weekly above 22444 Bank Nifty’ Resistance will be 22520_23666 & 23777 Weekly below 23300 Bank Nifty’ Supports will be 23230_23086 & 22980
Monthly above 22635 BN Resistances will be 23765_23871 _23976 Monthly BN Supports 23300.
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please notify the typo correction.. Weekly above 23444 Bank Nifty’ Resistance will be 23520_23666 & 23777
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23495
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BN trading along the mid channel. 23300 will be a strong support.
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23660 weekly 2nd resistance achieved ,and came down to 23520.
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Marketpassioner
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Hi GM, what's Ur views on BN ahead of RBI policy. Any trading range for the day in scenario whether market likes it or not.
padiyara
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@Marketpassioner,
the Inflation is running below forecasts, and the economy hasslowed more than the expected range.
The Central bank likely to strike a less agrresive effect, may leave the
interest rates unchanged at a policy meeting today, 10 am. BANK NIFTY may hake a little 22980 strong support level.
that is what i updated today 23300 support..... means on break of that the weekly down move will start.
padiyara
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@padiyaraa, read *SHAKE A little
Marketpassioner
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Hi
I think bit typo.... weekly above 23444 instead of 22444 BN resistance will be 23520 instead 22520.
Pls correct me if I am wrong.